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$165,000

351 County Road 2274, Telephone, TX, 75488

$198,333 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.43 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesGas Range, Gas Water Heater
FlooringLaminate

Exterior

Exterior FeaturesRv Hookup
Lot Size2.01 acres

Building Information

Year Built1987

Land Information

APN84910
Land UseResidential
Legal DescriptionA1147 J WINDLE, ACRES 2.011
Census Tract950800
Assessed Land Value$110,720
Assessed Improvement Value$81,590
Assessment Year2025

About this property

Wow! What a cool home with unique craftsmanship on 2 acres minutes to the Bois D' Arc Lake! This 2 bedroom, 1 bath, metal home was completed in 2023 and has reclaimed wood accents, 100-year-old barn beam incorporated into the ceiling, reclaimed barn tin ceiling, custom 1930s cast-steel spiral staircase with handcrafted railing, wire spoke wheel ceiling fans, commercial-grade waterproof laminate flooring, Antique-style bathroom fixtures and a trap door upstairs for furniture access. The kitchen has 75-year-old cypress cabinet doors, hidden wall pantry, stainless-steel sink and counter top and a propane cook stove. There is a 19x19 metal frame workshop with a concrete floor, 220 power, water, electric and a 20x20 awning. Property is fenced on all sides and has a RV parking spot with water, septic & electric. If you’re looking for an affordable home or a weekend-get-away with character, craftsmanship, and distinctive details you won’t find in an ordinary home, this 2-acre property is worth a look!

Investor Tools

$44,487Estimated Mortgage Balance
$238,513Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$198,333
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,698 /month
Positive
Cash Flow Estimate:
$566 /month

Interested in this property?

Angel Titsworth

Weichert Realtors-Solid Ground

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$271/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,838
$192,310
2025
$110,720
$81,590
$192,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,838
$192,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Unknown
$52,275
No
First
May 29, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$44,487
$238,513
84%
16%
$314/mo

City: Telephone

351 County Road 2274 | Property Details | No Agent List